Annapolis MD Market Report for February 2012
 
 
Annapolis is as diverse as the three zip codes that make up what we call Annapolis. Well actually there are a few more, such as the zip code for the Naval Academy, but we will focus on the three main zip codes 21401, 21403 and 21409. So lets get started

Just for a bit of clarification, but not exact by any means, the zip codes cover the following areas. 21401 covers all of Annapolis, West Annapolis, out to Parole, up Generals Highway a bit and down Riva Rd a bit. 21403 is the Eastport part of Annapolis and includes all the way to the Chesapeake Bay community of Bay Ridge. 21409 is basically the Annapolis area located on the other side of the Severn River all the way to the Chesapeake Bay Bridge. Each zip code is unique to itself including the homes, amenities and convenience offered.

 

February 2012 Market Update for Zip Code 21401

 

Online Graphing
Graphing
38- # of Homes Sold in February
249- # of Homes Available For Sale.
94- # of Homes Under Contract

$1,675,000 High Sales Price
$94,000 Low Sales Price
$457,889 Average Sales Price

 

$641,185- Average List Price for Homes Listed For Sale
$453,449- Average List Price for Homes Under Contract

6.5 # of months of inventory equals a normal market for Zip Code 21401

 

February 2012 Market Update for Zip Code 21403

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Make a graph
33- # of Homes Sold in February
248- # of Homes Available For Sale
75- # of Homes Under Contract

$5,100,000- High Sales Price
$95,000- Low Sales Price
$488,636- Average Sales Price

$663,630- Average List Price for Homes Listed For Sale
$425,560- Average List Price for Homes Under Contract

 

7.5- # of months of inventory equals a Buyers Market for Zip Code 21403


 

February 2012 Market Update for Zip Code 21409

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9- # of Homes Sold In February
108- # of Homes Available for Sale
43- # of Homes Under Contract

$710,000- High Sales Price
$173,000- Low Sales Price
$310,100- Average Sales Price


$873,041- Average List Price for Homes Listed For Sale
$618,580- Average List Price for Homes Under Contract

12- # of months of inventory equals a Buyers Market for Zip Code 21409

Please keep in mind that prices are all over the board in all three zip codes due to the diversity of each area. Average sales price can change dramatically with one large or one small sale or from one neighborhood to the next as each zip code covers a wide area.

For a more detailed report on your particular home and area give me a call or shoot me an email. I will be happy to prepare a market analysis for your home.

All data and charts pulled from the Metropolitan Regional Information Service (MRIS) and is deemed reliable at the time of preparing.
 
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About the Author- Martha Brown is a Certified Residential Specialist (CRS) whose passion is homes in the Annapolis MD area and surrounding communities. As a 3rd generation Annapolitan she writes about her experiences in and out of the real estate market. Martha has been a local Realtor(R) since 1992 of which all have been associated with Long & Foster Real Estate, Inc., the largest independently owned real estate company in the Mid Atlantic.

Martha would love to hear from you so give her a call any time. Sharing her Annapolis MD area expertise is her passion.  You can reach Martha at 410-440-7839 (cell) or 410-260-2800 (ofc)

 Martha@TheRealEstate-Lady.com

Martha Brown nnapolis Realtor

 
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Martha Brown of Long & Foster Real Estate.  

Every effort has been made to assure that the information in this blog is as accurate as possible. Martha Brown of Long & Foster Real Estate, Inc. disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to any information provided by third parties which is accessed through this blog via a hyperlink.

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5 Comments on Annapolis MD Market Report For February 2012

MAR
13
2012
1,156,020 Points 38 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Martha I can only hope this means you're doing okay. Lots of graphs lol! ;)

 

Love and light to you regardless,

Laura
7:51pm • #1
987,380 Points 49 Featured Posts Outside Blog Called Shot Master

Martha - Great real estate market report for Annapolis MD, very easy to follow and understand.
8:11pm • #2
MAR
14
2012
145,762 Points 17 Featured Posts Called Shot Master

Hi Martha~I'm a numbers and graph kind of guy, and your graphs do an excellent job of illustrating your point.

Have an AWESOME day!
3:30am • #3
MAR
15
2012
1,308,632 Points 65 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Martha  That is an outstanding presentation - very eye catching and easily understood
7:16am • #4
MAR
17
2012
Outside Blog
Those charts are extremely informative! I live in the 21403 zip code and my property has gone up in value over the past year; yet most places in Charles County, Prince George's County, Calvert County, etc. have seen property values continue to dwindle. It just goes to show the importance of location it comes to housing value.
11:54pm • #5


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Martha Brown Annapolis & Anne Arundel County

The Real Estate Lady

Annapolis, MD

More about me…

Long & Foster Real Estate, Inc

Address: 320 Sixth Street, Annapolis, MD, 21403

Office Phone: (410) 260-2800

Cell Phone: (410) 440-7839

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